A Closer Look at 13 Analyst Recommendations For MongoDB
Portfolio Pulse from Benzinga Insights
MongoDB (NASDAQ:MDB) has been evaluated by 13 analysts over the last three months, with a mix of bullish to bearish sentiments. The average 12-month price target is $446.92, with a high of $500.00 and a low of $335.00. Recent actions by analysts include both raised and lowered price targets and ratings, reflecting changes in market dynamics and company performance. MongoDB's financials show a market cap above industry averages, a revenue growth rate of 29.77%, a net margin of -6.77%, an ROE of -3.16%, an ROA of -1.1%, and a debt-to-equity ratio of 1.22.
January 04, 2024 | 6:00 pm
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NEUTRAL IMPACT
MongoDB has received varied analyst ratings with an updated average 12-month price target of $446.92. Financial indicators show strong market presence and growth, but also challenges in net margin and ROE.
The mixed analyst ratings and the slight increase in the average price target suggest a neutral short-term impact on MDB's stock price. The financial indicators show growth and a strong market presence, which could be positive, but the profitability challenges indicated by the net margin and ROE could temper investor enthusiasm. The overall impact is likely to be neutral as the market digests both positive and negative aspects of the analyst ratings and company financials.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100